Samsung Heavy Industries (SHI) concluded a contract with Hanjin Shipping to build five 10,000 TEU container ships on August 24. The order allowed the shipbuilder to receive an accumulated amount of US$10 billion worth of orders so far this year. In addition, SHI is the first shipbuilder in the industry to reach US$10 billion in the orders received this year. It also marks the highest amount since the Korean shipbuilder was established.